£491,788
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £145,000 | 28 Jun 2001 |
| £91,500 | 6 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £145,000 results in an estimated price of approximately £491,788.
| 28 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £145,000 | £346,788 | £491,788 |
The Postcode Pricing Model uses changes in average sales price within the SM3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -19.511 % | £-28,291 | £116,708 |
| 3 Month Average | 242.919 % | £352,232 | £497,232 |
| 6 Month Average | 247.353 % | £358,662 | £503,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £675,639 | £667,000 | 256 MALDEN ROAD |
| 11 Sep 2023 | £576,369 | £569,000 | 302 MALDEN ROAD |
| 1 Sep 2023 | £511,541 | £505,000 | 298 MALDEN ROAD |
| 27 Jan 2023 | £684,774 | £688,000 | 79 PRIORY CRESCENT |
| 18 Jan 2023 | £522,539 | £525,000 | 290 MALDEN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Oct 2016. Using an estimated price of £491,788 means this house is valued at £6,147 per sq meter (£571 per sq foot).
The average size of a house on MALDEN ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Kenley Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenley Walk |
| Mar 2024 | Other theft | Under investigation | On or near Kenley Walk |
| Feb 2024 | Vehicle crime | Under investigation | On or near Kenley Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenley Walk |